First Bancorp (FBNC) Financials: History & Chart

First Bancorp(FBNC)

Banks - Regional · Southern Pines, NC

$60.08-1.71 (-2.78%)

Delayed quote: Oct 6, 2026, 2:30 PM EDT

About First Bancorp

First Bancorp (FBNC) functions as the parent company of First Bank, offering a diverse array of financial solutions to individuals and small to medium-sized businesses. Its operational focus is primarily within North Carolina and the northeastern region of South Carolina. The institution provides various deposit options, such as transactional accounts (checking, savings, money market) and fixed-term products, including certificates of deposit and individual retirement accounts. For its lending portfolio, First Bank extends credit for a wide range of consumer and commercial purposes. This encompasses financing for businesses, real estate, personal needs, home improvements, and vehicle purchases, alongside residential mortgages and Small Business Administration (SBA) loans. Additionally, it offers specialized commercial funding options like accounts receivable financing, factoring, inventory financing, and purchase order financing. Beyond core banking, clients have access to credit and debit cards, letters of credit, and safe deposit box rentals. Its digital and electronic services include wire transfers, online and mobile banking platforms, cash management tools, telephone banking, and remote check deposit capabilities. Furthermore, First Bancorp provides investment and insurance products, featuring mutual funds, annuities, various insurance policies (long-term care, life, property, and casualty), and company retirement plans. Comprehensive financial planning services are also available. As of December 31, 2021, the company maintained an extensive network of 121 branches, with 114 located in North Carolina and 7 in South Carolina. First Bancorp was established in 1934 and its corporate headquarters are situated in Southern Pines, North Carolina.

Southern Pines, NC

1,374 employees

localfirstbank.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Richard Hancock Moore

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	428.00M	21.21M	157.57M	121.33M	127.88M	149.51M	144.40M	107.35M	143.24M
Cost of Goods Sold	155.86M	38.36M	38.36M	37.44M	41.71M	42.28M	40.89M	44.06M	62.57M
Gross Profit	272.13M	-17.14M	119.21M	83.90M	86.17M	107.23M	103.51M	63.29M	80.67M
Gross Profit Margin	63.6%	-80.8%	75.7%	69.1%	67.4%	71.7%	71.7%	59.0%	56.3%
Total Operating Expenses	224.50M	41.85M	60.22M	62.22M	60.21M	57.41M	56.73M	56.41M	58.10M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	164.47M	41.85M	41.85M	37.42M	43.35M	37.93M	37.63M	37.91M	42.66M
Operating Income (EBIT)	47.63M	-58.99M	58.99M	21.68M	25.96M	49.82M	46.78M	6.88M	22.57M
Operating Margin	11.1%	-278.1%	37.4%	17.9%	20.3%	33.3%	32.4%	6.4%	15.8%
Income Before Tax (EBT)	165.26M	63.37M	58.99M	16.95M	25.96M	49.82M	46.78M	6.88M	22.57M
Interest Income	287.83M	-142.39M	142.39M	143.63M	144.20M	136.74M	132.66M	132.40M	131.41M
Interest Expense	151.47M	37.05M	35.27M	37.44M	41.71M	40.06M	39.78M	43.55M	48.37M
Other Income/Expense	117.63M	122.36M	0.00	-4.73M	0.00	0.00	0.00	0.00	0.00
Net Income	133.25M	50.52M	46.66M	15.71M	20.36M	38.57M	36.41M	3.55M	18.68M
Income Tax Expense	32.01M	12.85M	12.33M	1.23M	5.59M	11.26M	10.37M	3.33M	3.89M
Net Profit Margin	31.1%	238.2%	29.6%	13.0%	15.9%	25.8%	25.2%	3.3%	13.0%
EBITDA	56.05M	-56.68M	62.41M	22.97M	27.35M	53.55M	50.76M	11.16M	26.83M
EBITDA Margin	13.1%	-267.2%	39.6%	18.9%	21.4%	35.8%	35.2%	10.4%	18.7%
Depreciation & Amortization	8.42M	2.31M	3.42M	1.29M	1.39M	3.73M	3.99M	4.29M	4.26M
EPS Basic	3.22	1.22	1.13	0.38	0.49	0.93	0.88	0.09	0.45
EPS Diluted	3.22	1.22	1.13	0.38	0.49	0.93	0.88	0.09	0.45
Weighted Average Basic Shares	41.35M	41.35M	41.35M	41.35M	41.41M	41.41M	41.41M	39.46M	41.37M
Weighted Average Diluted Shares	41.35M	41.35M	41.35M	41.35M	41.48M	41.44M	41.41M	41.42M	41.37M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	543.12M	530.81M	541.11M	407.66M	324.90M	318.48M	308.70M	289.58M
Cost of Goods Sold	162.32M	203.41M	159.91M	28.50M	24.55M	54.60M	36.17M	20.19M
Gross Profit	380.81M	327.40M	381.20M	379.16M	300.34M	263.88M	272.53M	269.40M
Gross Profit Margin	70.1%	61.7%	70.4%	93.0%	92.4%	82.9%	88.3%	93.0%
Total Operating Expenses	236.58M	229.28M	249.24M	193.94M	180.02M	160.75M	156.25M	155.92M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	156.34M	152.30M	153.16M	125.64M	109.81M	100.97M	95.97M	91.97M
Operating Income (EBIT)	144.23M	98.12M	131.96M	185.22M	120.32M	103.13M	116.28M	113.48M
Operating Margin	26.6%	18.5%	24.4%	45.4%	37.0%	32.4%	37.7%	39.2%
Income Before Tax (EBT)	139.50M	98.12M	131.96M	185.22M	120.32M	103.13M	116.28M	113.48M
Interest Income	557.24M	519.24M	488.76M	340.96M	255.92M	237.68M	250.11M	231.21M
Interest Expense	158.99M	186.97M	142.10M	16.10M	9.52M	19.56M	33.90M	23.78M
Other Income/Expense	-4.73M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	111.05M	76.22M	104.13M	146.94M	95.64M	81.48M	92.05M	89.29M
Income Tax Expense	28.45M	21.90M	27.82M	38.28M	24.68M	21.65M	24.23M	24.19M
Net Profit Margin	20.4%	14.4%	19.2%	36.0%	29.4%	25.6%	29.8%	30.8%
EBITDA	154.64M	116.00M	151.17M	200.55M	134.25M	116.73M	130.17M	126.32M
EBITDA Margin	28.5%	21.9%	27.9%	49.2%	41.3%	36.7%	42.2%	43.6%
Depreciation & Amortization	10.41M	17.88M	19.21M	15.33M	13.93M	13.60M	13.89M	12.84M
EPS Basic	2.68	1.85	2.54	4.12	2.68	2.85	3.12	3.02
EPS Diluted	2.68	1.84	2.51	4.12	2.68	2.81	3.10	3.01
Weighted Average Basic Shares	41.35M	41.02M	40.75M	35.49M	35.63M	28.84M	29.55M	29.57M
Weighted Average Diluted Shares	41.35M	41.33M	41.16M	35.67M	35.63M	28.98M	29.72M	29.71M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.